Trustee targets Blumenfelds

On Friday, Dec. 5, 2008, as Bernard Madoff's massive Ponzi scheme was beginning to unravel, he wired $11 million to a real estate venture led by Long Island retail developer Edward Blumenfeld.
The transfer was one of Madoff's "last acts" of fraud before his arrest according to a lawsuit filed by trustee Irving H. Picard, who ...